The five-yearly Global Stocktake (GST) is one of the key features of the Paris Climate Agreement. The purpose of the GST is to review the implementation of the Paris Agreement in order to assess the collective progress towards achieving the purpose of the Agreement and its long-term goals. The outcome of the GST shall inform parties in updating and enhancing their climate actions.
The Global Climate Governance Research Unit of the Wuppertal Institute has been involved in two research projects analysing the potential and limitations of the Global Stocktake and developing design options for its implementation. The research was lead by Lukas Hermwille, Project Co-ordinator, and Wolfgang Obergassel, Co-Head of the Research Unit Global Climate Governance in the Energy, Transport and Climate Policy Division at the Wuppertal Institute.
The first project "The Global Stocktake under the Paris Agreement: Design, Methodology and Process" has been carried out on behalf of the German Federal Environment Agency (Umweltbundesamt in German) together with partners from the Potsdam Institute for Climate Impact Research, the Öko-Institute and the NewClimate Institute. The new publication "Tackling the Challenges of Assessing Collective Progress for an Effective Global Stocktake – Executive Summary" syntheses key findings of the two-year project and provides an advance preview of the comprehensive project report to be published early in 2020.
Building on these insights and further contextualising them, the team contributed to the independent Global Stocktake (iGST) initiative. For its "iGST Designing a Robust Stocktake Discussion Series" Wolfgang Obergassel, Lukas Hermwille, Anne Siemons and Hannah Förster prepared the report "Success Factors for the Global Stocktake under the Paris Agreement" which discusses options for how to maximise the potential impact of the GST. The report proposes three specific functions by which the GST may foster enhanced action:
As part of the iGST initiative, three further papers on the GST are being published in parallel by the NewClimate Institute, the Overseas Development Institute (ODI), and the Climate Equity Reference Project:
The iGST is a data and advocacy initiative that brings together climate researchers, modelers, campaigners and advocates to support the Paris Agreement. The iGST's objective is to support the official Global Stocktake and to increase its accuracy, transparency, and accountability.
The initiative is now launching the "iGST Designing a Robust Stocktake Discussion Series". This series of discussion papers envisions the contours of an ideal Global Stocktake and suggests ways in which the independent community can help to achieve that vision. The papers are part of a multi-part research effort organised by the ClimateWorks Foundation and undertaken by seven partner organisations, each of whom are publishing their findings as a discussion series paper.